There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Central Bank Of India for its Checkon Bazar Imphal (Poana Bazar) branch in Imphal, Imphal, Manipur, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Central Bank Of India situated in Imphal or anywhere in Manipur can easily transfer funds instantly by using the correct IFSC Code CBIN0283160. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Central Bank Of India, Checkon Bazar Imphal (Poana Bazar), Imphal
Here are the key points that are associated with the IFSC Code CBIN0283160 of Central Bank Of India for its branch located in Imphal, within the district of Imphal in the state of Manipur.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0283160 |
| Branch | Checkon Bazar Imphal (Poana Bazar) |
| City | Imphal |
| District | Imphal |
| State | Manipur |
| Address | Chassad Avenue, Checkon Bazar, Dist- Central Imphal, Manipur-795001 |
These details helps users in online banking and for businesses and individuals who use Central Bank Of India in Imphal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0283160 for the Checkon Bazar Imphal (Poana Bazar) branch of Central Bank Of India plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Central Bank Of India located in Checkon Bazar Imphal (Poana Bazar), Imphal, Manipur, is provided with a unique IFSC like CBIN0283160 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Central Bank Of India branch in Imphal.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Imphal and Imphal.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Manipur and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Checkon Bazar Imphal (Poana Bazar) do not get mixed with another location.
Format of the IFSC Code CBIN0283160
This is the format of the IFSC Code for banks, including Central Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Central Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Checkon Bazar Imphal (Poana Bazar) in Imphal.
For example, the IFSC Code CBIN0283160 of Central Bank Of India for the Checkon Bazar Imphal (Poana Bazar) branch includes these elements, identifying the bank and the branch location in Imphal and Manipur accurately.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0283160 of Central Bank Of India for its Checkon Bazar Imphal (Poana Bazar) branch located in Imphal, the following methods can help:
Cheque Book
The cheque book issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Central Bank Of India branches in Imphal and Imphal, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Central Bank Of India and navigate to the branch locator section. Search for Checkon Bazar Imphal (Poana Bazar) or Imphal to get the exact IFSC Code CBIN0283160.
Mobile Banking App
If you use Central Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Central Bank Of India and Imphal, you'll get the correct details.
How to Use IFSC Code CBIN0283160 for Online Transfers?
Once you have the IFSC Code CBIN0283160 for the Checkon Bazar Imphal (Poana Bazar) branch of Central Bank Of India in Imphal, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0283160. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Central Bank Of India IFSC Code CBIN0283160.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Central Bank Of India Checkon Bazar Imphal (Poana Bazar) in Imphal may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Central Bank Of India in Checkon Bazar Imphal (Poana Bazar), you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Central Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Imphal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Checkon Bazar Imphal (Poana Bazar) Imphal branch is CBIN0283160.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Chassad Avenue, Checkon Bazar, Dist- Central Imphal, Manipur-795001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.